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. a combination of tax increases exami and spending cuts and could push the u.s. economy into a recession as all eyes are on how that develops. here in japan, too, the nikkei was down 3.75% last week, so we saw that play into the markets as well. the gdp figure is coming at 0.9% for the july-to-september period. we'll see how that is translating into the opening levels. let's go to the opening levels for the nikkei and topix for many monday, november 12th. both indices are down by half a percent there. the nikkei closed out last week at a four-week low as the yen gained against the dollar and euro. the japanese currency rose. really investors shifting money into yen-based assets and the higher yen weighing on export issues. this is at a time when many japanese corporations are releasing poor earnings over the last couple of weeks. that's all most of that based on the strong yen. don't forget europe, we can't ignore that sector and economy either. the renewed concerns about greece despite pushing through an austerity plan. that's a big focus as well, how that plays into stock markets. >> how are
with its strongest rivals such as u.s. giant general electric. damascenes missed its earnings target by a wide margin and got beaten by rivals in the number of sectors. management now plans a sweeping reform to get the company back on track. it plans to beef up core activities and sell off unprofitable units. the effect of the workforce is uncertain. >> on to the day's market action. after starting off in positive territory, european shares slipped back in afternoon trading. our correspondence sent the summary of the thursday trading session in frankfurt. and investors really liked what siemens had to say, applauding efforts to generate more profits by accelerating the efforts to save costs. it was one of the top gainers of the day, and it also supported the move in the general market for a long time. also helping that mood, the greek parliament said yes to a hard austerity program that is difficult for the population but that will bring savings of up to 13.5 billion euros. investors liked that. the mood changed, though, to the - when the ecb came through, the european central bank,
wednesday at 1:00 p.m. japan time right here on "newsline." >>> scientists at the u.s. space agency nasa say a probe orbiting mercury has found evidence of water ice on the planet. the observations support the hoi poth sis that ice has existed at mercury's poles for millions of years. the new information comes from the messenger probe. it's been orbiting the planets closest to the sun since 2011. nasa scientists say the spacecraft observed excess hydrogen and permanently shadowed craters at mercury's north pole. they say the concentration of hydrogen is consistent with that found in water. the total amount of ice on mercury is estimated at 100 billion tons. scientists say it may have been brought by come elts or asteroids that crashed on the planet. the existence of life, however, is considered unlikely because of the planet's thin atmosphere. the prospects of finding ice on mercury received a boost in 1991 after a radio telescope in puerto rico detected bright patches at the planet's poles. >>> japanese researchers have developed a technique using tiny objects that could cause big changes i
Search Results 0 to 2 of about 3